The Youngstown State University Foundation said Tuesday they will provide $1.7 million more for scholarships next academic year.

The foundation provided $5.1 million in scholarships during the 2012-2013 school year.

The funding will help nearly 3,000 undergraduate and graduate students.

“We want to make sure we are keeping ourselves competitive so we can compete with other institutions for the students that are out there looking and evaluating colleges,” said YSU Director of Financial Aid Elaine Ruse. “In addition to that, we want to make sure we keep YSU affordable.”

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